Farm Loan Calculator

Farm loans are often written to be paid once or twice a year rather than monthly, because that is when a crop or a set of calves turns into money. This calculator sizes the payment against whatever schedule you choose and shows what that schedule costs in interest. The farmland mode works from acres and a price per acre and reports the debt service per acre each year, which you can set against the cash rent or margin the ground earns. The second mode covers equipment, livestock and term notes, including a balloon falling due before the amortisation ends. It is a payment schedule rather than a credit decision, and it leaves out appraisal, title and loan fees.